Common use of Third Party License Agreements Clause in Contracts

Third Party License Agreements. On a country-by-country basis, if, in any Calendar Quarter, Company makes royalty payment(s) to one or more Third Parties in order to obtain or maintain license rights under Patent Rights of such Third Party that would be infringed by the use or sale of the Collaboration Compound contained in the Product in a country, Company shall be entitled to deduct [...***...] ([...***...]) of such payment(s) from royalty payments otherwise payable by Company to Licensor for Net Sales of such Product in such country in such Calendar Quarter. Notwithstanding the foregoing, in no event shall such deduction exceed [...***...] *Confidential Information, indicated by [...***...], has been omitted from this filing and filed separately with the Securities and Exchange Commission. ([...***...]) of the royalties otherwise payable with respect to such country in such Calendar Quarter.

Third Party License Agreements. On a country-by-country basis, if, in any Calendar Quarter, Company makes royalty payment(s) to one or more Third Parties in order to obtain or maintain license rights under Patent Rights of such Third Party that would be infringed by the use or sale of the Collaboration Compound contained in the Product in a country, Company shall be *Confidential Information, indicated by [...***...], has been omitted from this filing and filed separately with the Securities and Exchange Commission. entitled to deduct [...***...] ([...***...]) of such payment(s) from royalty payments otherwise payable by Company to Licensor pursuant to Section 6.5(a) for Net Sales of such Product in such country in such Calendar Quarter. Notwithstanding the foregoing, in no event shall such deduction exceed [...***...] *Confidential Information, indicated by [...***...], has been omitted from this filing and filed separately with the Securities and Exchange Commission. ([...***...]) of the royalties otherwise payable with respect to such country in such Calendar Quarter.

Third Party License Agreements. On a country-by-country basis, if, in any Calendar Quarter, Company makes royalty payment(s) to one or more Third Parties in order to obtain or maintain license rights under Patent Rights of such Third Party that would be infringed by the use or sale of the Collaboration Compound contained in the Product in a country, Company shall be entitled to deduct [...***...] ([...***...]) of such payment(s) from royalty payments otherwise payable by Company to Licensor for Net Sales of such Product in such country in such Calendar Quarter. Notwithstanding the foregoing, in no event shall such deduction exceed [...***...] *Confidential Information, indicated by [...***...], has been omitted from this filing and filed separately with the Securities and Exchange Commission. ([...***...]) of the royalties otherwise payable with respect to such country in such Calendar Quarter.

Third Party License Agreements. On a country-by-country basis, if, in any Calendar Quarter, Company makes royalty payment(s) to one or more Third Parties in order to obtain or maintain license rights under Patent Rights of such Third Party that would be infringed by the use or sale of the Collaboration Compound contained in the Product in a country, Company shall be *Confidential Information, indicated by [...***...], has been omitted from this filing and filed separately with the Securities Exchange Commission. entitled to deduct [...***...] ([...***...]) of such payment(s) from royalty payments otherwise payable by Company to Licensor pursuant to Section 6.5(a) for Net Sales of such Product in such country in such Calendar Quarter. Notwithstanding the foregoing, in no event shall such deduction exceed [...***...] *Confidential Information, indicated by [...***...], has been omitted from this filing and filed separately with the Securities and Exchange Commission. ([...***...]) of the royalties otherwise payable with respect to such country in such Calendar Quarter.